(CanaraBank) Canara Bank complete technical analysis [charts+indicators] | Buy/Sell Canara Bank | (CanaraBank) share price targets
Complete technical analysis of Canara Bank (CanaraBank) by charts plus indicators, forecast predictions and share price targets for Canara Bank (CanaraBank)
Showing technical analysis as on 2024-07-03 View latest technical analysis
10 day averaged volume of Canara Bank is 1597748
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 117.00 | 117.00 | 117.95 | 116.50 | 1.136 times |
| 02 Tue Jul 2024 | 116.25 | 118.95 | 118.95 | 115.50 | 1.381 times |
| 01 Mon Jul 2024 | 118.25 | 119.50 | 120.20 | 117.95 | 0.658 times |
| 28 Fri Jun 2024 | 119.40 | 118.10 | 121.90 | 118.10 | 0.671 times |
| 27 Thu Jun 2024 | 118.00 | 118.50 | 119.50 | 116.90 | 1.452 times |
| 26 Wed Jun 2024 | 118.65 | 118.95 | 119.40 | 117.30 | 0.4 times |
| 25 Tue Jun 2024 | 118.00 | 118.55 | 119.75 | 116.85 | 0.831 times |
| 24 Mon Jun 2024 | 119.05 | 121.45 | 121.60 | 118.60 | 1.287 times |
| 21 Fri Jun 2024 | 119.05 | 121.45 | 121.60 | 118.60 | 1.287 times |
| 20 Thu Jun 2024 | 121.20 | 121.25 | 122.20 | 120.90 | 1.339 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 117.4, but if it comes above 117.4, then a intra day buy could be more profitable.
If you take a sell trade below 117.4, then use 117.4 as stoploss and 114.9 as target. However if you take a buy trade in stock , then use 117.4 as stoploss and 119.47 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 111.85 |
| Downside Target | 115.50 |
| Upside Target | 125.00 |
| Upside Target | 129.35 |
| Upside Target | 529.10 |
| Upside Target | 562.90 |
| Upside Target | 606.00 |
| Upside Target | 629.65 |
| Upside Target | 632.65 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 114.93 |
| Downside Intraday Target | 112.87 |
| Upside Intraday Target | 119.63 |
| Upside Intraday Target | 122.27 |
| Upside Intraday Target | 117.57 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 117.00 | 119.50 | 120.20 | 115.50 | 0.684 times |
| 28 Fri Jun 2024 | 119.40 | 121.45 | 121.90 | 116.85 | 1.161 times |
| 21 Fri Jun 2024 | 119.05 | 122.15 | 122.80 | 118.60 | 0.455 times |
| 14 Fri Jun 2024 | 122.00 | 120.00 | 125.00 | 120.00 | 0.417 times |
| 07 Fri Jun 2024 | 118.90 | 124.05 | 129.35 | 99.60 | 2.871 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Canara Bank (CanaraBank)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 117.00 | 119.50 | 120.20 | 115.50 | 0.082 times |
| 28 Fri Jun 2024 | 119.40 | 124.05 | 129.35 | 99.60 | 1.663 times |
| 31 Fri May 2024 | 118.00 | 624.55 | 632.65 | 111.85 | 6.335 times |
| 30 Tue Apr 2024 | 621.85 | 583.05 | 629.65 | 562.90 | 0.923 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Canara Bank (CanaraBank)
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 118.46 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canara Bank (CanaraBank) stock. Volume based technical analysis of Canara Bank (CanaraBank) stock is negative.
Canara Bank Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 118.46 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canara Bank (CanaraBank) stock. Volume based technical analysis of Canara Bank (CanaraBank) stock is negative.
Canara Bank Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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